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CSD consolidated tin mines limited

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12.5¢

Ann: Prospectus, page-7

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Dave R

58,089 Posts.

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20/09/19

10:12

Post #: 40491975
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Originally posted by theoc: ↑

I've always wanted to be able to underwrite a listing - maybe this is my big chance. Can anyone lend me $999 ?

Still too early to pop the cork but worth saying congratulations to the rebirth - especially the long suffering shareholders.

Just a bit of pedantry I added up 78.73 with interest of 5% or more, add in the directors and other related parties and suspect minimum spread requirements are yet to be met. Rule book says - " You do not need to have the required spread or free float before the listing application is made. The approval for listing is granted subject to the company meeting the shareholder spread requirement through the offer of shares associated with the listing application." Not quite sure how the $1K at list achieves this but I am confident it will have been covered already.

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Hahaha lo looks like in their own strange and mysterious way management have found a way to meet the deadline.
I just hope this is it and this saga ends next Friday.

CSD Price at posting: 25.0¢ Sentiment: None Disclosure: Held
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Ann: Prospectus, page-7

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